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October 16 2021 3.16pm

US politics

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View cryrst's Profile cryrst Flag Chatham 12 Oct 21 7.09pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Orange1290


You conveniently forgot to mention that the UK has one of the highest rates of inflation in Europe, an economy killer. Interest rates will be going up in q1 2022which will hit investment and employment. High wages and high inflation simply makes the UK uncompetitive. Looking at employment numbers in isolation is meaningless.

Of course it is orange, let's put it alongside the feel good factor for those employed,the reduction in welfare payments and the unemployed numbers dropping.
Thanks for the prompt Mr negative.

 

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View Orange1290's Profile Orange1290 Flag 12 Oct 21 8.13pm Send a Private Message to Orange1290 Add Orange1290 as a friend

Originally posted by cryrst

Of course it is orange, let's put it alongside the feel good factor for those employed,the reduction in welfare payments and the unemployed numbers dropping.
Thanks for the prompt Mr negative.


You clearly don't understand the first thing about economics or national finance. Go look up the effect of inflation on an economy that's already taken a massive financial hit. Feel good factor? Wait until next year.

 


Pro China, EU & Palestine

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View cryrst's Profile cryrst Flag Chatham 12 Oct 21 9.01pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Orange1290


You clearly don't understand the first thing about economics or national finance. Go look up the effect of inflation on an economy that's already taken a massive financial hit. Feel good factor? Wait until next year.

Have you ever lost your job, and been to court for a repossession of your home; through no fault of your own during a financial crash. If not please do not lecture me on the effect it has on people. I have so I am more than qualified I reckon.

 

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View Orange1290's Profile Orange1290 Flag 12 Oct 21 9.08pm Send a Private Message to Orange1290 Add Orange1290 as a friend

Originally posted by cryrst

Have you ever lost your job, and been to court for a repossession of your home; through no fault of your own during a financial crash. If not please do not lecture me on the effect it has on people. I have so I am more than qualified I reckon.

Sorry to hear you lost your home/job but it has nothing to do with my comment regarding a lack of economic and national financial knowledge when it comes to subjects such as inflation.

 


Pro China, EU & Palestine

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View cryrst's Profile cryrst Flag Chatham 12 Oct 21 10.39pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Orange1290

Sorry to hear you lost your home/job but it has nothing to do with my comment regarding a lack of economic and national financial knowledge when it comes to subjects such as inflation.

Thanks but at the time I was one of many 1000s in the same boat. if interest rates rise it will be good for savers who are in year 9 of virtually no interest.
That is defo not me I might add but it won't reach the 15% I paid for 3 months so there's a good thing. It was never going to stay low but all the time it has been millions have benefitted as well. That financial hit was so unexpected as to be unblamable.
Money spent unwisely in certain situations yes but much more spent trying to help many to get through. Hmg cannot leave this burden for our children or their children. It's happened too many times. so us, the here and now must take some pain for our future generations gain. Is that so wrong?

 

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View BlueJay's Profile BlueJay Flag UK 12 Oct 21 10.56pm Send a Private Message to BlueJay Add BlueJay as a friend

Originally posted by cryrst

Have you ever lost your job, and been to court for a repossession of your home; through no fault of your own during a financial crash. If not please do not lecture me on the effect it has on people. I have so I am more than qualified I reckon.

Well done on bouncing back, Cryrst. It can't have been easy, but must have been both satisfying and a relief to turn things around.

Edited by BlueJay (12 Oct 2021 10.57pm)

 

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View cryrst's Profile cryrst Flag Chatham 13 Oct 21 5.40am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by BlueJay

Well done on bouncing back, Cryrst. It can't have been easy, but must have been both satisfying and a relief to turn things around.

Edited by BlueJay (12 Oct 2021 10.57pm)

It was and is blue Jay thanks.
Also it was a bit harder to get financial help back then.
3 days in and out to the council/social with bank statements,
And affidavits to prove I was potless.
For a 20 crisis loan to support me the Mrs and my kid
Lucky I did have my trade and a very good former colleague who gave me work and a sub up front.
Must be cos I'm such a nice bloke ha ha.

 

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